22nd Century Group Files 2024 10-K
Ticker: XXII · Form: 10-K · Filed: Mar 20, 2025 · CIK: 1347858
| Field | Detail |
|---|---|
| Company | 22nd Century Group, Inc. (XXII) |
| Form Type | 10-K |
| Filed Date | Mar 20, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, tobacco, acquisition
TL;DR
22nd Century Group filed its 2024 10-K. Check financials and RxPharmatech acquisition.
AI Summary
22nd Century Group, Inc. filed its 2024 10-K on March 20, 2025, reporting on its fiscal year ending December 31, 2024. The company, formerly Touchstone Mining LTD, is incorporated in Nevada and operates in the tobacco industry. Key dates mentioned include various offerings and the acquisition of RxPharmatech Ltd. in 2024.
Why It Matters
This filing provides a comprehensive overview of 22nd Century Group's financial performance and strategic activities for the fiscal year 2024, crucial for investors to assess the company's health and future prospects.
Risk Assessment
Risk Level: medium — The company operates in the tobacco industry and has undergone several financial transactions and acquisitions, indicating potential volatility and strategic shifts.
Key Numbers
- 0.0667 — Other Operating Income/Expense Net (Reported for FY 2024)
- 0.0625 — Other Operating Income/Expense Net (Reported for FY 2023)
Key Players & Entities
- 22nd Century Group, Inc. (company) — Filer of the 10-K
- Touchstone Mining LTD (company) — Former company name
- 2024-12-31 (date) — Fiscal year end
- 2025-03-20 (date) — Filing date
- RxPharmatech Ltd (company) — Acquired entity in 2024
FAQ
What was the net income or loss for 22nd Century Group in fiscal year 2024?
The provided snippet does not contain specific net income or loss figures for fiscal year 2024. It only shows 'Other Operating Income/Expense Net'.
When did 22nd Century Group acquire RxPharmatech Ltd?
The filing indicates that RxPharmatech Ltd was a relevant entity for the period of 2024-01-01 to 2024-12-31, suggesting the acquisition or integration occurred within or prior to 2024.
What significant financial events occurred in 2023 for 22nd Century Group?
In 2023, 22nd Century Group had a 'Senior Secured Debentures' event on 2023-06-22 and an 'At Market Offering' between 2023-03-01 and 2023-03-31.
What is the Standard Industrial Classification (SIC) code for 22nd Century Group?
The SIC code for 22nd Century Group is 2111, which corresponds to CIGARETTES.
What was the company's former name before 2005?
The company's former name was Touchstone Mining LTD, with a date of name change on 2005-12-22.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 20, 2025 regarding 22nd Century Group, Inc. (XXII).